There are hundreds of online bingo sites in the marketplace currently and it can often be challenging to decide which operator to open an account with. One of the ways that any new bingo site encourages players to join their site is by offering highly lucrative bonuses. If you are a new player in the online bingo world then this guide will help you understand how the best bingo bonuses work, with a real focus on the underlying terms and conditions. Here are the most important factors you should consider:
Wagering Requirements
The most important factor to assess when considering the terms of a bingo bonus is the wagering requirements. The wagering requirements refer to the minimum amount of times you will be required to wager the bonus before you can withdraw it.
Here’s an example to further explain wagering requirements: Let’s say, there is a bingo bonus offer of £50 with a wagering requirement of 3x. This actually means that you will need to play at least £150 (3 x £50) worth of bingo games before you are able to make a withdrawal request.
The good news for bingo players is that typically online bingo sites offer significantly more favourable wagering requirements in comparison to their online casino counterparts. Bingo bonuses rarely come with a wagering requirement of more than 5x, whilst casino bonuses are significantly higher at around 40x.
However, it’s important to understand that until you meet these requirements, you are not able to make a withdrawal. So always check what the wagering requirements are and if you think that they are too high for you then choose another bingo site.
At Big Bonus Bingo, we understand the importance of providing players with this information for each of the bingo sites. You will find the main details of the wagering requirements under “View T&C’s”
Payment Methods
The key point to remember with payment methods is to check the terms and conditions to ensure that the payment method you wish to use qualifies for the bingo bonus. You don’t want to go through the process of opening an account and depositing funds, only to find out that you cannot claim the bingo bonus!
Some bingo sites will stipulate that you can only claim a welcome bonus when you deposit via a specific payment method. The majority of the time, the preferred payment method will be via debit and credit cards, as the bingo site is able to verify that you are the true owner of the card via an Address Verification System ( AVS ).
Sometimes certain payment methods are prohibited. This can include e-wallets such as PayPal, Skrill and Neteller. Other less popular payment methods that can be excluded from bingo promotions include pay-by-phone, Paysafecard, and Entropay.
If you need to check whether or not your payment method is eligible for the bonus, its best to contact the bingo site directly via live cha email or phone.
Expiry Date
It’s also worth checking whether or not the bingo bonus has an expiry date. Online bingo sites such as No Deposit Bingo Bonus sites like you to try and play through as many games as possible so that you get to experience their gaming suite in full. So it’s often the case that they will apply an expiry date to the bingo bonus. The amount of time you have to wager the bingo bonus before it expires can vary from site to site but typically you will get at least 7 days. Most of the bingo bonuses permit up to 30 days which is more than enough time to meet the wagering requirements, especially when you consider just how low these usually are for online bingo.
Game Eligibility
Finally it’s worth checking whether the bingo site will allow you to use your bonus on any game that you choose. Some bingo bonuses come with their restrictions on exactly which games you can use your bingo bonus on.
In Summary:
This guideline has been created to help you better understand how the bingo bonuses work. Don’t forget that it’s always best to check with the bingo site in question if you are ever unsure on the terms of the bonus that you want to claim!